P & P HOLDINGS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About P & P HOLDINGS A/S
P & P HOLDINGS A/S (CVR number: 32325807K) is a company from KØBENHAVN. The company reported a net sales of 646.4 mDKK in 2024, demonstrating a decline of -3.4 % compared to the previous year. The operating profit percentage was at 7 % (EBIT: 45.1 mDKK), while net earnings were 32.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 22.6 %, which can be considered excellent and Return on Equity (ROE) was 21.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.6 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. P & P HOLDINGS A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 592.85 | 668.54 | 726.02 | 668.89 | 646.42 |
Gross profit | 155.22 | 239.10 | 211.49 | 190.65 | 189.89 |
EBIT | 9.00 | 89.05 | 63.23 | 39.01 | 45.15 |
Net earnings | 7.98 | 63.75 | 47.68 | 31.81 | 32.93 |
Shareholders equity total | 94.91 | 148.53 | 154.06 | 148.18 | 153.20 |
Balance sheet total (assets) | 214.11 | 292.48 | 267.91 | 209.05 | 226.72 |
Net debt | -13.33 | - 100.58 | -51.35 | -28.70 | -24.39 |
Profitability | |||||
EBIT-% | 1.5 % | 13.3 % | 8.7 % | 5.8 % | 7.0 % |
ROA | 8.4 % | 36.8 % | 25.0 % | 18.6 % | 22.6 % |
ROE | 8.2 % | 52.4 % | 31.5 % | 21.1 % | 21.8 % |
ROI | 14.7 % | 68.9 % | 44.0 % | 28.7 % | 32.2 % |
Economic value added (EVA) | -2.04 | 65.37 | 40.36 | 23.23 | 23.59 |
Solvency | |||||
Equity ratio | 44.3 % | 50.8 % | 57.5 % | 70.9 % | 67.6 % |
Gearing | 0.8 % | ||||
Relative net indebtedness % | 16.9 % | 5.8 % | 8.0 % | 4.5 % | 7.3 % |
Liquidity | |||||
Quick ratio | 0.6 | 1.1 | 1.0 | 1.4 | 1.2 |
Current ratio | 1.6 | 1.9 | 2.1 | 3.0 | 2.8 |
Cash and cash equivalents | 14.06 | 100.58 | 51.35 | 28.70 | 24.39 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 14.3 | 16.9 | 26.6 | 24.3 | 26.2 |
Net working capital % | 10.5 % | 18.6 % | 17.1 % | 17.9 % | 20.1 % |
Credit risk | |||||
Credit rating | AA | AA | AA | A | A |
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